Even skinners costing fortunes, it seems; LETTERS.
YET another story of a massive cash-out hits the headlines regarding the thousands of Leicester City fans who backed their team at 5,000-1, etc.
Bookmakers have said for weeks it would cost them tens of millions if Leicester win the league and the usual favoured teams, we have been told, would be a good result for them now.
Given most of these thousands of Leicester City fans will probably not have a cash-out option available to them, surely if they do get caught by one of the favoured teams that will be a good result for the bookmakers? Or will it? I await news of the legions of Arsenal or Man City fans who have suddenly landed massive payouts, or the final leg of a Lucky 15 on multiple leagues that have cost the bookmakers another fortune.
I am getting rather sick of this marketing circus regarding cash-outs and the like. It seems bookmakers do not want to lay any losing bet these days, and even when they are looking at a skinner they try to convince us it has cost them a fortune.
I await to read the headline, 'If Pendleton wins the Foxhunter it may halve our share price'.
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|Publication:||The Racing Post (London, England)|
|Date:||Mar 13, 2016|
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